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Bima Vahak: A New Women Centric Insurance Distribution Approach

Corporate Law : IRDAI's Bima Vahak initiative aims to expand insurance reach in rural areas. It introduces a women-centric distribution channel fo...

July 29, 2025 1488 Views 0 comment Print

IRDAI’s 2024 Corporate Governance Rules for Insurers

Corporate Law : Overview of IRDAI's 2024 Corporate Governance Regulations for Insurers, covering board composition, committee structures, KMP appo...

July 25, 2025 3399 Views 0 comment Print

BIMA Applications Supported By Blocked Amount (BIMA – ASBA)

Corporate Law : Learn about Bima-ASBA, IRDAI's new facility for insurance premium payments. This mechanism blocks funds in a prospect's account vi...

July 25, 2025 1236 Views 0 comment Print

IRDAI (PPHI, Operations & Allied Matters of Insurers) Regulations, 2024 (Advertising)

Corporate Law : Summarizing IRDAI's 2024 regulations on insurance advertising, this text covers definitions, mandatory disclosures, prohibitions, ...

July 25, 2025 3624 Views 0 comment Print

Insurance Marketing Firm Registration for Pvt Ltd Companies: Process & Benefits

Corporate Law : Learn about IMF Registration for private limited companies, its process, requirements, and benefits. Expand into insurance marketi...

March 4, 2025 3468 Views 0 comment Print


Latest News


IRDAI Approves Ind AS Implementation as Insurance Sector Transitions to Global Accounting Standards

Corporate Law : IRDAI approved implementation of Ind AS for all insurers from 1 April 2026 with transitional arrangements and limited forbearance....

July 1, 2026 306 Views 0 comment Print

IRDAI Plans Dedicated Policyholder Protection Fund to Enhance Insurance Inclusion

Corporate Law : The proposed PEPF framework seeks to improve insurance penetration through financial literacy, digital services, and awareness pro...

June 24, 2026 381 Views 0 comment Print

IRDAI Proposes Insurance Intermediary Reforms to Align with SBSR Act 2025

Corporate Law : IRDAI has proposed comprehensive amendments to insurance intermediary regulations to implement the SBSR Act, 2025. The proposals s...

June 22, 2026 807 Views 0 comment Print

IRDAI Proposes Major Actuarial Rule Changes to Align with Insurance Law Amendments

Corporate Law : IRDAI's draft 2026 amendments overhaul actuarial governance, reporting, investment norms, and insurer compliance to align with the...

June 20, 2026 546 Views 0 comment Print

IRDAI Invites Comments on Reinsurance Regulation Changes to Simplify Registration

Corporate Law : IRDAI has released draft amendments simplifying the registration framework for foreign reinsurers and Lloyd's India while introduc...

June 20, 2026 324 Views 0 comment Print


Latest Judiciary


Every claim made against an insurance company in respect of a loss, would be a claim within purview of claims “requiring to be paid or settled” under section 64UM(2) of Insurance Act

Corporate Law : Every claim made against an insurance company in respect of a loss, would be a claim within purview of claims “requiring to be p...

May 24, 2011 4881 Views 0 comment Print

Insurance company liable to pay compensation till vehicle owner’s name is in register

Corporate Law : The Supreme Court held recently held in the case of Pushpa @ Leela & Ors. Versus Shakuntala & Ors that the insurance co...

January 18, 2011 22973 Views 1 comment Print


Latest Notifications


IRDAI Extends Transitional Arrangements Until 31st August 2026

Corporate Law : IRDAI has extended transitional arrangements for annual fee payment and registration certificates until 31 August 2026 or notifica...

July 3, 2026 402 Views 0 comment Print

IRDAI Forms AI Working Group to Strengthen Governance in Insurance Sector

Corporate Law : IRDAI has constituted a Working Group to develop governance, oversight, and security frameworks for AI adoption in the insurance s...

June 17, 2026 441 Views 0 comment Print

IRDAI Revises Obligatory Cession Rules to Mandate 4% Reinsurance with GIC Re

Corporate Law : IRDAI has amended its earlier notification to prescribe a 4% obligatory cession and require the entire cession to be placed with G...

June 15, 2026 156 Views 0 comment Print

IRDAI Cautions Public Against Dealing with Stareureka Insurance Company

Corporate Law : IRDAI has cautioned that the entity's Certificate of Registration as an Insurance Marketing Firm has expired and remains unrenewed...

June 12, 2026 420 Views 0 comment Print

IRDAI Fines Nissan Renault ₹1 Crore Over Distribution Fee Disclosure Lapses

Corporate Law : The regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalt...

May 27, 2026 1035 Views 0 comment Print


Latest Posts in IRDA Notifications

IRDAI Extends Transitional Arrangements Until 31st August 2026

July 3, 2026 402 Views 0 comment Print

IRDAI has extended transitional arrangements for annual fee payment and registration certificates until 31 August 2026 or notification of amended regulations, whichever is earlier.

IRDAI Approves Ind AS Implementation as Insurance Sector Transitions to Global Accounting Standards

July 1, 2026 306 Views 0 comment Print

IRDAI approved implementation of Ind AS for all insurers from 1 April 2026 with transitional arrangements and limited forbearance. The Authority also introduced regulatory measures to support a smooth industry-wide transition.

IRDAI Plans Dedicated Policyholder Protection Fund to Enhance Insurance Inclusion

June 24, 2026 381 Views 0 comment Print

The proposed PEPF framework seeks to improve insurance penetration through financial literacy, digital services, and awareness programmes. It also introduces governance and audit mechanisms for effective fund administration.

IRDAI Proposes Insurance Intermediary Reforms to Align with SBSR Act 2025

June 22, 2026 807 Views 0 comment Print

IRDAI has proposed comprehensive amendments to insurance intermediary regulations to implement the SBSR Act, 2025. The proposals simplify registration, introduce annual fees, strengthen governance, and enhance policyholder protection.

IRDAI Proposes Major Actuarial Rule Changes to Align with Insurance Law Amendments

June 20, 2026 546 Views 0 comment Print

IRDAI’s draft 2026 amendments overhaul actuarial governance, reporting, investment norms, and insurer compliance to align with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025.

IRDAI Invites Comments on Reinsurance Regulation Changes to Simplify Registration

June 20, 2026 324 Views 0 comment Print

IRDAI has released draft amendments simplifying the registration framework for foreign reinsurers and Lloyd’s India while introducing new compliance requirements. Stakeholders may submit comments on the exposure draft by 10 July 2026.

IRDAI Proposes Perpetual Registration for TPAs Under Draft Amendment Regulations

June 20, 2026 408 Views 0 comment Print

The Exposure Draft revises the regulatory framework governing Third Party Administrators by introducing annual fee obligations, continuation of registration procedures, and updated compliance provisions. Stakeholders have been invited to submit comments before the specified deadline.

IRDAI Proposes New Penalty Rules to Ensure Fair Insurance Enforcement

June 20, 2026 399 Views 0 comment Print

IRDAI has issued draft regulations prescribing a transparent procedure for imposing penalties under insurance laws. The proposal emphasizes due process, proportional penalties, and greater procedural fairness.

IRDAI Proposes Transparent Rule-Making Framework Through Public Consultation

June 18, 2026 408 Views 0 comment Print

IRDAI has proposed new regulations introducing mandatory public consultation, stakeholder participation, and periodic review for insurance regulations. The framework aims to improve transparency, accountability, and policyholder protection.

IRDAI Forms AI Working Group to Strengthen Governance in Insurance Sector

June 17, 2026 441 Views 0 comment Print

IRDAI has constituted a Working Group to develop governance, oversight, and security frameworks for AI adoption in the insurance sector. The panel will recommend measures to promote ethical AI use while safeguarding policyholders data.

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